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WASILLA — With statewide marijuana regulations out and applications in the pipeline, some Alaska retail dispensaries could open as soon as October. But how those businesses will handle their profits, pay state taxes and generally fit into a statewide system of commerce remains to be seen, a banking executive and attorney told the Wasilla Chamber of Commerce Tuesday.

Martin said banks in Alaska have decided collectively not to handle marijuana-related businesses. In Washington and Colorado — states with similar marijuana legalization policies — a few smaller banks have looked to grab some market share of the business. But Martin said those have been placed under intense scrutiny by federal regulators.

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[…] WASILLA — With statewide marijuana regulations out and applications in the pipeline, some Alaska retail dispensaries could open as soon as October. But how those businesses will handle their profits, pay state taxes and generally fit into a statewide system of commerce remains to be seen, a banking executive and attorney told the Wasilla Chamber […]